Lenddo

lendingcredit scoring

FOUNDING YEAR: 2011
LOCATION: Singapore
Last Update: 19/01/2021

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MEDICI Analysis

Lenddo offers an AI ML-based alternative credit scoring platform for individuals, banks, and lending institutions, enabling them to avail credit scoring and verification services. It collects, analyzes, and processes the users' non-traditional data to generate their Lenddo score. Its product offerings include: 1. Credit Scoring: The LenddoScore: It leverages AI and predictive analytics to determine the users "willingness to pay". Its scale lies between 1 to 1000, where higher scores represent lower chances of default. 2. Lenddo Verification: It helps the clients' to verify the information of the applicants and run a background check on them.

Focus

PRODUCTS & SERVICES

Its product offerings include: 1. Credit Scoring: The LenddoScore: It leverages AI and predictive analytics to determine the users "willingness to pay". Its scale lies between 1 to 1000, where higher scores represent lower chances of default. 2. Lenddo Verification: It helps the clients' to verify the information of the applicants and run a background check on them. Additionally, it also provides the following services: - Scorecard Model Hosting: These are the risk models, that helps customers to improve their current scorecard performance. It includes the parameters like application information, credit bureau reports, banking data including balances and transactions, telecommunications data including call logs, and their purchasing behavior. - Scorecard Design Consulting: It is a module that helps in the designing and automating of the scorecard. - Semi-Annual Scorecard Review: It provides users with the semi-annual review of their scorecard that enables them to monitor and verify their performance.

REVENUE MODEL

The company earns commissions from the banks & FIs by providing credit scores.

MAIN CLIENTS

i-Lend

FICO

CRIF

COMMENT

Lenddo uses customers' social networks such as Facebook, Linkedin, Google, Yahoo, and Twitter to prove their identity and creditworthiness.

Traction

VALUATION / MARKET CAP:

$93.3 M in 2015

COMPANY TYPE:

For Profit

ACTIVE USERS:

0.2500

TRACTION COMMENT:

The company has won First prize (SG$150,000) in Singapore fintech award 2018. It provides credit scoring, verification and insights to 50+ financial institutions, serving over 7 million people. (Nov. 2018)

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

3,963

AVERAGE VISITS (6 MONTHS)

7,419.56

MONTHLY VISITS GROWTH

-17.5%

VISIT DURATION

64

VISIT DURATION GROWTH

-75.65%

PAGE VIEWS VISIT

1.88

PAGE VIEWS VISIT GROWTH

-84.39%

BOUNCE RATE

71.38%

BOUNCE RATE GROWTH

19.71%

GLOBAL TRAFFIC RANK

2,772,905

MONTHLY RANK CHANGE

972,601

MONTHLY RANK GROWTH

54.02%

Innovation Programs

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